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VIDEOGAME INDUSTRY
China tech giant Tencent sees Q1 profit jump after AI betsTencent reported a 21% surge in quarterly net profit, reaching 58.1 billion yuan, driven by significant investments in the booming artifici...- GameStop makes $56 billion takeover bid for eBayGameStop has launched a $55.5 billion takeover bid for eBay, aiming to transform the online marketplace into a formidable competitor to Ama...
- US stocks today: Roblox shares tumble as forecast cut signals safety measures weighing on user growthRoblox shares on Friday plunged to their lowest levels in 18 months after the company cut its annual bookings forecast, raising concerns th...
- Sony to hike PlayStation 5 prices again as memory chip costs surgeSony is increasing prices for its PlayStation 5 consoles worldwide. This move comes as component costs rise, impacting supply for consumer ...
- Videogame stocks slide on Google's AI model that turns prompts into playable worldsShares of videogame companies fell sharply on Friday after Google launched its AI model, Project Genie, which can create interactive digita...
- Videogame publisher EA's $55 billion buyout turns spotlight on gaming IP diversificationElectronic Arts undergoes a $55 billion buyout by Saudi Arabia's PIF and partners. This acquisition marks a turning point for the video gam...
- Nearly 90% of videogame developers use AI agents, Google study showsThe study, conducted by Google and The Harris Poll, surveyed 615 game developers in the US, South Korea, Norway, Finland, and Sweden in lat...
- 'GTA VI' delay weighs on global videogame market growth, data showsA new report indicates a slight improvement in the global videogame market's growth for 2025. The market is projected to reach $188.9 billi...
- Hollywood's videogame performers to strike over AI, pay concernsThe SAG-AFTRA has called a strike of the Interactive Media Agreement that covers video game performers, effective July 26, the union said o...
- Sony to lay off 900 PlayStation employees, shut London studioSony is cutting about 900 jobs at its PlayStation unit and shutting a studio in London. The layoffs come after Sony slashed the annual sale...
- Epic Games is laying off about 830 employees, divesting BandcampThe videogame company will also spin-off most of SuperAwesome, which Epic Games acquired in 2020. SuperAwesome is a platform for developers...
- Microsoft to buy 'Call of Duty' maker Activision in $68.7-billion dealActivision's library of games such as 'Call of Duty' and 'Overwatch' also gives Microsoft's Xbox gaming platform an edge over Sony's Playst...
- Xbox 360 leads rebound in US videogame sales: NPDSagging US videogame industry revenue rebounded in November as buyers snatched up gesture-sensing control gadgets for Microsoft Xbox 360 co...
- iPhone triggers videogame gold rushThe commercial tsunami unleashed by the iPhone has served as a launch pad for the videogame industry in Montreal, which hopes to seize on t...
- Microsoft's Xbox 360 motion sensor Kinect hits storesMicrosoft launched its Xbox 360 motion-sensing controller Kinect on Thursday with a Times Square extravaganza and high hopes for the device...
- PlayStation 3 videogames go 3-D in a big waySony is adding another dimension to PlayStation 3 videogames, promising players will be fighting, firing, driving and more in 3-D by the en...
- Ubisoft gets into the social game at FacebookFrench videogame star Ubisoft made its debut in the online social scene by unveiling a gaming portal at world-leading social-networking web...
- Microsoft making human body a videogame controllerMicrosoft revealed on Monday that is has been secretly developing technology that lets people play videogames using natural body movements ...
- Videogame makers to duel in E3 arenaBlockbuster sequels, slick technology and duels between the big three console makers are expected in Los Angeles next week as videogame ind...
- Insatiable: For gamers, the craving just won't go awayTroubled economy and rising prices won’t keep videogamers from splurging on their latest must-have diversion- Grand Theft Auto IV. Tashan: ...
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